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| Sat, May 26, 2012, 04:27 GMT |
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Banque Centrale Populaire
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Last Price MAD 193.45 + 0.76% 25May12 |
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| IPO Facts |
| Type of Offering | Privatization |
Status | Listed | Exchange | Casablanca SE |
Sector | Financial Services |
Country of Incorporation | Morocco |
Shares Offered | 1,177,610 | Offer Size | MAD 800.77M | Percentage Offered | 20% | Issue Price | MAD 680.00 | Eligibility Requirements Four investor groups were targeted:
Individual Investors and small businesses received 9% of the capital (530,000 shares) at MAD 680 (USD 75.5) per share.
State-owned regional and popular banks received 4% of the capital (236,000 shares) at a discounted rate of MAD 629 (USD 70) per share.
BCP staff were allocated 3% (177,000) at MAD 529 (USD 58.7) per share, with the condition that they will keep their shares at least three years. |
| Key Dates |
Open Date | 21Jun04 | Closing Date | 25Jun04 | Listing Date | 08Jul04 |
| Advisors |
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Lead Manager
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Financial Advisor
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Legal Advisor
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Ernst and Young Morocco
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Auditors
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Receiving Banks Lead Receiving Bank: Uplines Securities
Co-lead Receiving Bank: ICIF Al Wassit
Attijari Intermadiation, BMCE Bourse, BMCI Bourse, Sogebourse, Safabourse, Credit du Maroc Capital. |
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Last Price 25May12 MAD 193.45
Change  1.45 ( 0.76%)
Year High / Low MAD 208.56 - 190.00
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| Performance Overview |
Over-subscription | 11.0 x |
First Day Open / Close | 39.82 / 39.82 |
First Day High / Low | 39.82 / 39.82 |
1st Day Change | + 17.65% |
1st Month Change | + 11.03% |
Change Since Floatation | + 471.53% |
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